Official press releases from Aurania Resources
Toronto, Ontario, March 2, 2018 – Aurania Resources Ltd. (TSXV: ARU) (“Aurania” or the “Company”) would like to provide an update on Company events during the PDAC 2018 International Convention commencing on March 4th including a change in time for Dr. Keith Barron’s presentation at Ecuador Day on Monday, March 5th. Aurania will be exhibiting […]
Aurania is pleased to report that further stream sediment sampling and geological mapping has increased the number of targets in the Latorre area to five, from the two previously reported. The chemical signature and geological features of these targets are typical of the upper parts of epithermal gold-silver systems. Aurania’s management believes that alluvial gold discovered in stream gravel 2 kilometres from Aurania’s exploration concession boundary has been eroded from the Latorre area.
Aurania is pleased to announce that the Company will be exhibiting at booth number 2905 in the Investors Exchange at PDAC 2018 being held Sunday March 4th – Wednesday March 7th at the Metro Toronto Convention Centre in Toronto, Canada. Members of the Board and Management team will be available to discuss the Company’s Lost Cities -Cutucu Project in Ecuador.
Aurania wishes to inform shareholders that thirty-two percent of the warrants issued in the May 2017 private placement have been exercised to date, resulting in approximately C$1.6 million net proceeds to the Company. If all warrants are exercised prior to their expiry, currently set in October 2018, total proceeds of approximately C$4.9 million would be raised.
Aurania wishes to inform shareholders that members of the Board and Management will be attending the Cambridge House Vancouver Resource Investment Conference that starts on Sunday this weekend and runs through Monday (January 21 and 22, 2018). The Company’s Booth is No 208, and the Company’s President will be participating in the panel discussion on Gold in Ecuador from 2:20-2:40pm in Workshop Room 4 on Monday, January 22.
Aurania reports that further to the press release dated January 11th, 2018, the Company wishes to clarify the dial-in and registration process required for an update conference call being held today, January 16th, 2018 at 2:00pm ET. If you wish to participate in the call, you must pre-register in order to receive a personal User PIN Code.
Aurania reports that stream sediment results and rock textures found in initial field exploration have identified the first epithermal target – the “Latorre” target – on Aurania’s wholly-owned Lost Cities – Cutucu Project (“Project”) in southeastern Ecuador. Epithermal systems are the prime target for gold-silver deposits in the Project area.
Aurania Resources Ltd. announces that following the press release issued by the Company on January 4, 2018, it came to the attention of management that an independent third-party article about Aurania was published by E. B. Tucker at The Casey Report just prior to the increase in share price. The Company believes that there could be a correlation with the timing of this report and the increase in share price and trading volume. Aurania did not pay for the article in the Casey Report and was unaware that an article was being prepared for distribution to Casey Report subscribers.
At the request of the Investment Industry Regulatory Organization of Canada (IIROC), Aurania Resources (“Aurania” or the “Company”) wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.
Aurania Resources Ltd. reports that coverage was given to the Company in an article by Bloomberg Businessweek. The article follows a four-day visit by a Bloomberg news reporter to the Lost Cities – Cutucu Project area. The reporter spent this time with Aurania’s exploration crews and management in the field. The field visit was entirely funded by Bloomberg.